Harvey Black buys $6m South Giddi Giddi farm

Queensland farming and trucking identity
Harvey Black
has snapped up South Giddi Giddi near Goondiwindi in south-west Queensland for about $6 million.

The Harvey Black Group, trading as Black Truck Sales and Black Truck and Ag, has forged a network across Queensland and NSW. However, the new purchase has been made through Mr Black’s company, Nebrean. South Giddi Giddi was part of the Undabri aggregation formerly owned by real estate entrepreneur Craig Doyle, who hit Queensland’s rich list in 2010 with an estimated wealth of $124 million.

The Undabri aggregation subsequently fell into the hands of receivers Deloitte on behalf of
National Australia Bank
in April last year.

“I am very happy with the purchase. It was a good buy," Mr Black said. “[The property] adjoins our farm, Eurone, which is good for us as we can now rotate our water all the way across the properties."

South Giddi Giddi has at least 950 hectares of irrigation country with a water storage capacity of 8000 megalitres. The property also has a lot of improved grazing pasture.